Month: March 2021

Chevron Reinforces Plan to Deliver Higher Returns, Lower Carbon

Stuart Mitchell

At its annual investor meeting, Chevron Corporation announced plans to increase return on capital employed and lower carbon intensity to enable superior distributions to shareholders. “Chevron’s message to investors is summarized in four words – higher returns, lower carbon,” said Michael Wirth, Chevron’s chairman and CEO. “We’re building on our track record of capital and cost discipline to deliver higher returns. And we’re taking action to advance a lower carbon future.” Higher Returns Chevron will continue to drive a disciplined capital and cost program to deliver higher returns for shareholders.…

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Goldman Sachs Commits $10 Billion in Investment Capital and $100 Million in Philanthropic Capital To Impact The Lives of One Million Black Women

Stuart Mitchell

The Goldman Sachs Group, has announced a new investment initiative of more than $10 billion to advance racial equity and economic opportunity by investing in Black women. In partnership with Black women-led organizations, financial institutions and other partners, Goldman Sachs will commit $10 billion in direct investment capital and $100 million in philanthropic capital over the next decade to address the dual disproportionate gender and racial biases that Black women have faced for generations, which have only been exacerbated by the pandemic. The initiative, One Million Black Women, is named…

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Coty to Partner With LanzaTech to Pioneer New Sustainable Fragrance Production

Stuart Mitchell

Coty Inc., one of the world’s largest beauty companies and the global leader in fragrances, has announced it has signed a letter of intent to partner with LanzaTech to introduce sustainable ethanol made from captured-carbon emissions into its fragrance products. LanzaTech, a leader in the production of next generation green and sustainable ingredients, captures industrial emissions (such as carbon monoxide and carbon dioxide produced in steel manufacturing) and processes the waste gases into a new, more sustainable source of ethanol. Coty’s scientists have worked alongside LanzaTech and production partners over…

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CAP – Updating the ad rules on alcohol

Stuart Mitchell

The ASA/CAP have released a post called: Updating the ad rules on alcohol. I have enclosed the text of the link below, but please have a look at the ASA/CAP site as there are lots of things of interest to anyone with an interest in Ethical Marketing. The CAP and BCAP Codes have been updated with minor amendments to the Alcohol rules. These amendments clarify the language used to describe the ABV thresholds at which drinks are subject to the alcohol rules and what strength a ‘low alcohol’ drink is…

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Mace achieves net zero carbon

Stuart Mitchell

Mace, the international construction and consultancy company, has announced today that it has achieved its ambition to be a net zero carbon business in 2020.  Following the statement in January 2020 that the company had committed to the ambitious target, the executive board has confirmed that after driving down its carbon emissions as far as possible across its developments and operations it has offset the remaining emissions. The business has also set out its new targets as part of its 2026 business strategy which is due to be launched in…

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